4/20 Rattray RoadMontmorency VIC 3094
Property Details for 4/20 Rattray Rd, Montmorency
4/20 Rattray Rd, Montmorency is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 230m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
Last Listing description (October 2018)
Investors take note: with a potential return on investment of 3.8% (approx.) and a low Owners Corporation fee of around $400 per annum, the property has recently had new flooring laid throughout and is ready to go!
Privately set at the rear of the block you will be impressed as soon as you walk down the driveway. With a pretty facade, low maintenance garden, and generous remote double garage, the boxes are all ticked for the savvy investor.
Located within easy reach of Montmorency train station, and with the bus stop right out front, all transport options are well covered. It's just a short stroll down to Were Street for weekend brunch, or a spot of shopping.
Offering three bedrooms, the Master bedroom has an ensuite and walk-in robe and the other two bedrooms have built-in robes and are serviced by the main bathroom which has a separate toilet. There is also a separate laundry with external access.
This home is completed with gas ducted heating, evaporative cooling, and under house storage.
A great opportunity for investors, first home buyers or those looking to down size, this fabulous single level unit offers a retreat from the hustle and bustle of life, while still being positioned so close to the heart of Montmorency.
With only four units on the block, this is the ideal combination of lifestyle, privacy and location.
Call today to arrange an inspection!
*** PHOTO ID REQUIRED AT POINT OF INSPECTION ***
Please note: furniture is for photographic purposes only. Property presents as vacant.
Ray White Greensborough (03) 9432 7000
Lynette Shelton 0468 475 297
lynette.sheltony@raywhite.com
Luke El Moussalli 0403 465 560
luke.elmoussalli@raywhite.com
Property History for 4/20 Rattray Rd, Montmorency, VIC 3094
- 12 Oct 2018Sold for $625,000
- 13 Sep 2018Listed for Sale Not Disclosed
- 01 Jan 2003Transferred
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0About Montmorency 3094
The size of Montmorency is approximately 3.8 square kilometres. It has 18 parks covering nearly 7.1% of total area. The population of Montmorency in 2011 was 8,758 people. By 2016 the population was 8,939 showing a population growth of 2.1% in the area during that time. The predominant age group in Montmorency is 40-49 years. Households in Montmorency are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Montmorency work in a professional occupation. In 2011, 80.1% of the homes in Montmorency were owner-occupied compared with 80.2% in 2016.
Montmorency has 4,450 properties. Over the last 5 years, Houses in Montmorency have seen a 29.20% increase in median value, while Units have seen a 21.86% increase. As at 30 September 2024:
- The median value for Houses in Montmorency is $1,140,199 while the median value for Units is $798,612.
- Houses have a median rent of $650 while Units have a median rent of $535.
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